Finindus

Finindus is a venture capital firm based in Zwijnaarde, Belgium, established in 1926 and funded by ArcelorMittal and the Flemish Region. The firm specializes in providing early-stage and growth financing, both in equity and debt, to innovative companies within the metal value chain. Finindus focuses on sectors such as new alloys, surface functionalization, composite materials, and sustainable manufacturing technologies, including energy-efficient practices and waste valorization. Investment amounts typically range from 0.5 to 5 million euros per round, with a maximum of 10 million euros per company. While primarily targeting opportunities in Europe, particularly in Flanders, Finindus is open to exploring ventures in other regions that align with its core interests. The firm actively supports its portfolio companies by leveraging its extensive network and providing access to the resources and expertise of the OCAS metal research center.

Dirk De Boever

Head of Investments

Roel Callebaut

Investment Manager

Hans Maenhout

Investment Director

14 past transactions

Tau Group

Series B in 2023
TAU brings unparalleled performance, sustainability and reliability to the core of each electric motor. Focused on applications for e-mobility, automotive, energy and agriculture, TAU makes coatings more durable, resistant and light, optimizes underlying production processes for environmental friendliness, pairs artificial intelligence with peace-of-mind operating simplicity and incubates technologies in electrification and smart sensors.

JUUNOO

Seed Round in 2022
The JuuNoo wall system is a solid interior wall, purposed to increase productivity in office spaces, without losing sight of our current ecological challenges. JuuNoo does this bij cleverly dividing spaces, supported by a patented structure, developed according to the principles of circular economy. The result is an easy-to-install and completely adaptable system with high residual value and low labour costs, which leads to the fact that the total cost of a building is much lower than when you use traditional partitions. The JuuNoo system wall can be combined with glass panels, windows, (large) doors or other fixed elements. Installation can be up to 7X faster than with any traditional system, and when it's time for a change, the system can simply be dismantled and built up again, instead of demolishing and building a new wall. JuuNoo is built up around 4 core benefits: 1) smooth installation: the modular & telescopic system allows for a smooth & foolproof installation; 2) always fits: choose for any type of finishing in function of technical requirements or style; 3) performant: a strong structure in combination with great acoustics, fully certified; 4) 100% circular: reuse the system endlessly in other configurations, spaces or buildings... Thanks to a combination of strong basic materials and clever innovations, JuuNoo always obtains a high-performance result for acoustics, stability and fire safety.

Ionomr

Series A in 2022
Ionomr Innovations Inc., based in Vancouver, Canada, specializes in the design and manufacture of advanced ion-exchange membranes and ionomer solutions. Founded in 2013, the company focuses on providing innovative materials for various applications, including water treatment and purification, grid-level energy storage, and clean energy generation under the brand Aemion. Ionomr's products are distinguished by their alkaline stability, strength, and versatility, enabling seamless integration into electrochemical systems. By replacing harmful fluorinated chemicals used in traditional materials with environmentally friendly hydrocarbon alternatives, Ionomr aims to enhance performance while reducing pollution at the source. The company is committed to promoting sustainable and resilient systems that support the renewable energy and circular chemical economies, ultimately contributing to the decarbonization of the planet.

Sentea

Venture Round in 2021
Sentea BVBA is a company based in Ghent, Belgium, that specializes in the development and manufacturing of fiber optic sensing equipment. Founded in 2018, Sentea focuses on making fiber optic sensing technology more affordable for various industries, allowing for continuous monitoring of equipment and infrastructure even in harsh environments. The company designs fiber optic sensor interrogators that help monitor, predict, and prevent equipment failure and structural damage, particularly in sectors such as wind energy, oil and gas, civil infrastructure construction, heavy industry, and transportation. By integrating optical components directly onto a chip, Sentea offers these interrogators at a lower cost, enabling clients to enhance the efficiency and reliability of their industrial installations.

IMSystems

Series A in 2021
IMSystems introduces the new standard in high-performance gearbox technology: the Archimedes Drive. We have finally been able to get rid of the gear teeth and beat the traction drive paradox. This enables us to deliver precisely the right force at precisely the right place using our patented Flexroller technology. The Archimedes Drive is available in ratios up to 10,000:1 - almost 100 times it's nearest competition. We can deliver high torque in a fraction of the volume of other speed reducer technologies, and do it with precision approaching 1 arc-second. Simply put, our drive technology is lighter, stronger, more efficient, more scalable and lower cost than any competing drive technology. Our goal is nothing less than to cause a revolution in the robotics industry.

Wizata

Funding Round in 2021
Wizata is make sense of your data and discover unique solutions and unexploited opportunities. Wizata proposes vertical solutions answering to your specific sector challenges. As main domains of expertize, Wizata counts today the Manufacturing (Industry 4.0), Insurance, Energy, Healthcare sectors and e-commerce for predictive management and process optimization. By embedding themselves in your business and synergising with your teams, WIZATA’s data scientists uncover hidden gems within your data, whether internal or external to your organisation. Every profile is an exception, that’s why WIZATA offers an advanced collaboration model with people who are real experts in data science. Unique profiles for unique services.

Xenomatix

Venture Round in 2021
XenomatiX develops automotive Lidar solutions.

Guaranteed

Venture Round in 2019
Guaranteed provides a repair and rebuild service for large industrial components using direct energy deposition technologies. It allows the repairing and rebuilding of large slow movers, reducing the long lead times, eliminating the need for large amounts of new raw materials, and avoiding storage or transportation costs.

Innecs Power Systems BV

Venture Round in 2018
Innecs Power Systems BV manufactures energy conversion systems. The company offers products, such as power burners for the production of steam, baking processes, drying processes, absorption cooling, and other processes; steam turbines for applications in large steam networks, co-siting projects, and business parks with central facilities; and gas turbines and clean combustion systems. It serves food, ceramic, chemical, printing houses, textile and surface treating, utility, heat and power, and paper and cardboard industries. The company was founded in 2004 and is based in Ter Aar, the Netherlands.

Rein4ced

Seed Round in 2017
Rein4ced B.V.B.A., founded in 2015 and based in Leuven, Belgium, specializes in the development and manufacture of advanced composite materials designed for various applications, including bicycles, cars, and aircraft. The company focuses on creating a unique steel-fiber composite that offers superior impact resistance compared to traditional carbon composites. This innovative material combines carbon composites with specially developed steel fibers, resulting in lightweight, durable products that maintain high stiffness. Rein4ced's offerings are particularly advantageous for bicycle frames, providing enhanced safety and longevity for cyclists.

Keystone Tower Systems

Venture Round in 2017
Keystone Tower Systems, Inc. manufactures and installs wind turbine steel towers using spiral welding. It performs all the rolling and welding operations. The company was founded in 2010 and is based in Westminster, Colorado.

Expanite

Venture Round in 2014
Expanite has developed a series of unique solutions for surface-hardening of stainless steel. With the opportunity of processing most common stainless steel alloys - either in-house or at Expanite's treatment centre - the company offers significantly improved corrosion, wear, fatigue and scratch resistance

Calyos

Venture Round in 2012
Calyos SA specializes in the development, manufacturing, and commercialization of two-phase thermal management and cooling systems. The company offers its products for high power semiconductors, such as IGBT power modules and electronic components; and electrical engines cooling and energy storage applications. Calyos SA was founded in 2011 and is based in Jumet, Belgium.